- 2073 Chaitra · 3+3+2 marks
Interview, wage vs salary, incentive
Short answer
An interview assesses communication, personality, and CV accuracy while letting both parties exchange information. A wage varies with hours worked (e.g., daily pay) while salary is fixed monthly. An incentive is extra reward (bonus, promotion) needed to boost motivation, productivity, and retention.
What is the role of interview in manpower hiring process? What is the difference between wage and salary? What is an incentive and why is it needed?
Role of interview in hiring
An interview is a face-to-face talk between employer and candidate to judge suitability. Its role:
- Assesses communication, personality, attitude and confidence, which tests cannot show.
- Checks knowledge and verifies the information in the CV.
- Lets the employer explain the job and organization; lets the candidate ask questions.
- Tests problem-solving and judgement, and fit with the team and culture.
- Helps final selection and the salary discussion.
Wage vs salary
| Basis | Wage | Salary |
|---|---|---|
| Meaning | Payment for hours or output, mostly manual or labour work | Fixed monthly payment for professional, clerical or managerial work |
| Basis | Hourly, daily or piece | Monthly or annual |
| Variation | Varies with time worked | Fixed |
| Overtime | Usually paid | Often not paid separately |
| Example | Construction labourer, daily wage | Engineer or bank officer |
Incentive and its need
An incentive is a reward, financial (bonus, commission) or non-financial (recognition, promotion), given in addition to regular pay to motivate better performance.
Need
- Increases productivity and quality.
- Motivates employees and improves morale.
- Attracts and retains talent.
- Links pay to performance.
- Reduces supervision cost and absenteeism.
✓ Answer checked by Claude Opus 5.5 (high effort)
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